Over 180,000 Irish companies not compliant with money laundering rules


November 19 2019

More than 180,000 Irish businesses face fines of up to €500,000 as they are yet to comply with new EU anti-white collar crime and money laundering rules, according to figures from the Beneficial Ownership Registrar.

The vast majority of companies in Ireland are required to submit information on their beneficial owners to a new central register by Friday 22 November or risk significant fines.